Mexico's Grupo R taps bookrunners for roadshow to market dollar notes

By Christine Van Dusen

Atlanta, Aug. 29 - Mexico's Grupo R SA de CV has mandated Credit Suisse, Citigroup, Deutsche Bank and Santander to arrange a roadshow to market a dollar-denominated offering of notes (expected ratings: /BB/BB), a market source said.

The roadshow will be held from Sept. 2 to Sept. 11 in Latin America, the United States and Europe.

A Rule 144A and Regulation S deal is expected to follow.

The proceeds will be used to repay debt relating to the company's ultra-deep water assets.

Grupo R is based in Col. Veronica Anzures, Mexico.

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